In more than 40 episodes spanning 75 years, equity and bond fund investors have defied predictions that they would panic and spark crises. Yet banking regulators won’t let go of their “run” scenario. Why?

The leader of Romania’s ruling Social Democratic Party said Friday that the country should "seriously consider" moving the Romanian embassy in Israel to Jerusalem for practical reasons.

"All Israel's central institutions are in Jerusalem, and ambassadors and embassy staff commute from Tel Aviv to Jerusalem," Liviu Dragnea said, according to local media reports.

His comments came a day after the United Nations General Assembly backed a resolution calling on countries to refrain from establishing diplomatic missions in Jerusalem, indirectly condemning U.S. President Donald Trump's decision to recognize the city as the capital of Israel.

Romania abstained from voting on the UN resolution.

The foreign affairs ministry said Thursday that Romania backs a two-state solution in the conflict between Israel and Palestine.

Dragnea, who is the head of the Romanian parliament's lower house, visited Israel at least twice this year, according to local media reports.